Bullboard - Stock Discussion Forum Yangarra Resources Ltd T.YGR

Alternate Symbol(s): YGRAF

Energy Oil & Gas E&P

Yangarra Resources Ltd. is a Canadian junior oil and gas company engaged in the exploration, development and production of clean natural gas and conventional oil. The Company has its main focus in the Western Canadian Sedimentary Basin. The Company has an interest in approximately 184.5 sections (118,080 acres) in this field, which is located around the town of Rocky Mountain House, Alberta... see more

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TSX:YGR - Post Discussion

Yangarra Resources Ltd > Q2

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Post by kavern23 on Jul 22, 2023 11:48pm

Q2

I think Q2 will be similar to Q1...around 12400 BOE.

Guidance should be attainable quite easily. need 13500 BOE last 6 months.

July should be in 13500 range with 5 ferrier wells from June running for all of July and cheddarville wells.

And then later in summer 5 more chamber wells that presently drilling.

Everything looks good and on pace.

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Comment by fullyautomatic on Jul 23, 2023 11:25am

Thanks Kav. All aspects under management's control lining up nicely. Be good to luck out with WTI holding recent gains...

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Comment by cfliesser on Jul 23, 2023 12:01pm

Yes agreed, just missing commodity prices

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Comment by kavern23 on Jul 24, 2023 11:13am

Commodity prices could be 85 bucks on oil and hard to say if these stocks would move greatly...as a postive economic outlook is missing big time. Margin on refining oil into petrochemicals in Asia is brutal...and plastic demand is going to get worse. worry about economy crashing in this fall is the problem Quite frankly if people want 90 oil again the specs should pump it to 90...a big economic ...more

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Comment by cfliesser on Jul 27, 2023 9:22am

I got 12.5k in June. Basically flat at 12.5k for March through June, but May being an outlier at 11.8k, brings avg down to aroudn what they said in Q2.

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Yangarra Resources Ltd